Supervisory Committee Responsibilities
The committee is responsible for ensuring that members’ funds and interests are protected at all times. To accomplish this goal, they perform specific duties, including:
- Overseeing an annual independent audit of the credit union
- Verifying members’ accounts
- Reviewing internal accounting systems and controls
- Ensuring that all policies and procedural guidelines are followed
Supervisory Committee members are appointed by the Board of Directors and terms are for three (3) years each.